Innovative and Sustainable in a Network
Röhm Strives for Global Technology Leadership as a Methacrylate Specialist.
Advent International
All Signals Point to ”Go” for new Plastics Firm
With merger clearance granted by India this week, nothing now stands in the way of plans by German chemical producer Lanxess and private equity investor Advent International to create a 40:60 joint venture for high performance engineering plastics with annual sales of around €300 million.
Röhm and OQ break ground on Texas MMA Plant
Together with compatriot project partner OQ Chemicals, Germany’s Röhm has broken ground on a new world-scale methyl methacrylate (MMA) plant it is building at OQ Chemicals’ Bay City, Texas site.
Calum MacLean to Head Lanxess-Advent JV
German specialty chemicals producer Lanxess and private equity group Advent International have named Calum MacLean as CEO-designate of their planned joint venture for high-performance engineering plastics.
Lanxess and Advent Clinch DSM Plastics Deal
German specialty chemicals producer Lanxess and private equity investor Advent International have clinched a carefully constructed deal to buy DSM’s engineering plastics business for around €3.7 billion. The assets will then be merged with the Lanxess engineering plastics portfolio to create a new market player with annual sales of around €3 billion.
M&A Activity in the Chemical Distribution Industry
Mergers & acquisitions activity in the chemical distribution industry was high in 2021, but current macro-economic conditions may have a dampening effect on the number of deals that will conclude by the end of this year.
Evonik’s Sale of Röhm to Advent Closes
With the transfer of Evonik’s methacrylates business to private equity investor Advent International, Röhm, one of the world’s leading producers of methyl methacrylate (MMA) monomer and PMMA molding compounds, is now called Röhm again. The company based at Darmstadt, Germany, also has a new logo.
A Visible Turning Point for Oxea
Ten years ago, in March 2007, oxo chemicals producer Oxea was established as a buyout led by private-equity firm Advent International of oxo derivatives and oxo intermediates businesses from Celanese and European Oxo.
Oman Oil Company acquires Oxea from Advent International
Advent International announced its divestment from Oxea, one of the largest global manufacturers of oxo chemicals.
